Industrial Market Stays Hot in California
Industrial markets continue to be where the
action is in non-residential commercial real estate development, according to
the Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate
Survey. Near the ports and the
population centers, a
densification of warehouses is beginning to occur, where multi-story buildings
with productivity enhanced by robotics are becoming more prominent. Even though
there is still technology development in process for high-rise warehouses, this
appears to be what is driving values and optimism in the coastal areas. Learn
more at https://www.allenmatkins.com/ucla